Washington Trust elects Jeffrey M. Wilhelm to Board of Directors

Rhea-AI Summary

Washington Trust Bancorp (NASDAQ: WASH) elected Jeffrey M. Wilhelm to its board and the board of its subsidiary bank, effective April 28, 2026. Wilhelm will serve on both companies' Audit Committees and brings 25+ years in data, technology, digital transformation, cybersecurity and AI.

He is founder and CEO of Infused Innovations and serves on Rhode Island AI advisory groups and local technology committees.

News Market Reaction – WASH

-2.97%

-2.97% Session close to close

In the Apr 29 session, WASH declined 2.97%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

WESTERLY, R.I., April 28, 2026 /PRNewswire/ -- Washington Trust Bancorp, Inc. ("the Corporation"), (NASDAQ: WASH) today announced that Jeffrey M. Wilhelm, an industry leader with more than 25 years of data, technology and digital transformation experience, has been elected to the boards of the Corporation and its subsidiary bank, The Washington Trust Company, effective April 28, 2026.  Wilhelm will also serve on the Audit Committees of both companies.

Wilhelm is the founder and chief executive officer of Infused Innovations, a strategic technology consulting firm specializing in digital transformation, cloud engineering, cybersecurity and AI.  He has held senior corporate and consulting roles across a range of industries and partnered with global teams to develop and responsibly deploy data‑driven solutions to complex business and technology challenges.

Wilhelm is active in civic, educational, and innovation‑focused organizations across Rhode Island, serving on the Rhode Island Artificial Intelligence Taskforce and the Rhode Island Foundation's AI Advisory Committee, and as an advisor to the University of Rhode Island's Launch Lab.  He is also chair of the North Kingstown Town Council's Information Technology Advisory Committee.

"Jeff brings valuable expertise in technology, data, artificial intelligence, and cybersecurity at a time when these areas are increasingly important to the financial services industry," said Washington Trust Chairman and CEO Edward O. "Ned" Handy III.  "His leadership experience and service on governing boards across the public, private, and nonprofit sectors will be a strong asset to Washington Trust." 

ABOUT WASHINGTON TRUST BANCORP, INC.
Washington Trust Bancorp, Inc. ("the Corporation), NASDAQ: WASH, is the publicly-owned holding company of The Washington Trust Company ("Washington Trust", "the Bank"), with $6.5 billion in assets as of March 31, 2026. Founded in 1800, Washington Trust is recognized as the oldest community bank in the nation, the largest state-chartered bank headquartered in Rhode Island and one of the Northeast's premier financial services companies. Washington Trust values its role as a community bank and is committed to helping the people, businesses, and organizations of New England improve their financial lives. The Bank offers a wide range of commercial banking, mortgage banking, personal banking and wealth management services through its offices in Rhode Island, Connecticut and Massachusetts and a full suite of convenient digital tools. Washington Trust is a member of the FDIC and an equal housing lender. For more information, visit the Corporation's website at ir.washtrust.com, or the Bank's website at www.washtrust.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/washington-trust-elects-jeffrey-m-wilhelm-to-board-of-directors-302756201.html

SOURCE Washington Trust Bancorp, Inc.

FAQ

Who is Jeffrey M. Wilhelm and why was he elected to Washington Trust's board (WASH)?

He is the founder and CEO of Infused Innovations with 25+ years in technology and AI. According to Washington Trust, his experience in data, cybersecurity and digital transformation is expected to strengthen governance and oversight, and he will join both company Audit Committees effective April 28, 2026.

When does Jeffrey M. Wilhelm's board appointment at Washington Trust (WASH) take effect?

The appointment is effective April 28, 2026. According to Washington Trust, Wilhelm will immediately join the boards of both the holding company and the subsidiary bank and serve on each entity's Audit Committee.

What roles will Jeffrey M. Wilhelm hold at Washington Trust (WASH) after his election?

He will serve as a director on both Washington Trust Bancorp and The Washington Trust Company and will sit on both Audit Committees. According to Washington Trust, those committee assignments are part of his immediate responsibilities.

What professional background does Jeffrey M. Wilhelm bring to Washington Trust (WASH)?

Wilhelm has more than 25 years in data, cloud engineering, cybersecurity and AI and leads a strategic technology consulting firm. According to Washington Trust, his background includes senior corporate and consulting roles across multiple industries and global technology deployments.

Does Jeffrey M. Wilhelm have local Rhode Island advisory experience relevant to Washington Trust (WASH)?

Yes. He serves on the Rhode Island Artificial Intelligence Taskforce and the Rhode Island Foundation's AI Advisory Committee. According to Washington Trust, he also advises the University of Rhode Island Launch Lab and chairs a municipal IT advisory committee.